The Investor Mel & Dave Show
Real estate investing Top Canadian Investors, Investor Mel & Dave share tips, strategies, and action steps to becoming a successful Real Estate Investor. They focus on no money down strategies and no joint venture partners. They have an impressive portfolio of 240+ properties that they solely own which enabled them to quit their jobs in their 30s. Tune in weekly to start creating your own time freedom, location freedom, and financial freedom through real estate investing.
The Investor Mel & Dave Show
How This Beginner Investor Closed 3 Deals With Other People's Money In One Year
Welcome to The Real Deals Show!
Today, we're excited to have Rick, a valued member of our Action Family™, join us for this episode!
Rick, a hardworking dad of three, supports his family while working full-time as an aircraft inspector. He knows the struggles of long hours, multiple jobs, and missing out on time with family without seeing much improvement in finances.
Realizing he needed a change, Rick learned about money and investing from books, which led him to Real Estate. And that's when he found us!
In his first year with our mentoring program, Rick achieved a lot. He flipped 2 houses and bought a four-unit building and a townhouse—all with other people's money! He also snagged another condo for a flip project in British Columbia. His big goal is to keep flipping condos there and grow his property portfolio over the next ten years.
In this episode, Rick shares insights from one of his flips, where he made a cool $45,000 profit in just 2.5 months! He also talks about how he financed it, using RRSP and other creative financing strategies.
Stay tuned to hear Rick's tips and learn from his mistakes.
Rick's journey hits close to home for us. It reminds us of our own struggles and successes in Real Estate.
Thanks for sharing your story, Rick. You're an inspiration to anyone trying to provide for their family. We're excited to see where the next ten years take you!
If you want to connect with Rick and follow his Real Estate journey, you can find him on Facebook as Rick Suh and on Instagram as @investorsuh.
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And if you're interested in building your real estate portfolio and your network like Roopa did, book a call with one of our Wealth Advisors to discuss how the Action Family™ Mentoring Program can help you achieve your goals.
You’ll learn all the strategies, including how to buy properties with other people’s money and without joint venture partners as well as other crucial information like how to find deals, how to create win-win scenarios, property management, tax strategies, business structure and much more. Learn more about our mentoring program by booking a call now! https://www.iamreadytoinvest.com/
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🏡 If you want to learn about Real Estate Investing using other people’s own money, you can check out our completely free Masterclass on Real Estate Investing with creative financing here. We show you how we purchased 12 multi-family properties in less than 12 months (56 units) WITH OTHER PEOPLE'S MONEY AND NO JOINT VENTURE PARTNERS so you can too! 🫵
We purchased over 250 units in Canada, US, Mexico, Dominican Republic, and Costa Rica. With our strategies… we keep 100% of the cash flow, appreciation, and equity! 💰
That’s how you create true generational wealth!
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